New search
Property profile & analytics
OFF-MARKET
Estimated value
$895,000
Super regional malls
3536 Alameda De Las Pulgas, Menlo Park, CA 94025-6567
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1985097
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1994
Total area
6,000 SF
Lot
0.43 ac (18,908 SF)
Zoning code
CL00C1
APN
074-076-270
UPID
US09-1985097
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Avanti Pizza Fresh Pasta Restaurant
-
Axiom Learning Tutoring Service
-
Sharon Heights Garage Door Repair Hardware & Home Improvement Production Facility
-
Country Club Cleaner (Bike/Boat/Book/etc) Store
-
God HANDS Garage Door Replacement Menlo Park Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$895k
Owner & transaction history
Rona Maskan LLC · 6 yrs held
Rona Maskan LLC
since 2019
7 recorded transactions
Zoning & alternative use
CL00C1 · Menlo Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Menlo Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Menlo Park submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$149 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$84,435
Tax year 2024
Assessed value
$7,816,350
Assessed 2024
Previous assessed
$7,816,350
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$6,175,882
Assessed improvement
$1,640,468
Applied tax rate
61.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1994
Heating
NONE
Stories
1
Total area
6,000 SF
Lot
0.43 ac (18,908 SF)
Zoning code
CL00C1
APN
074-076-270
UPID
US09-1985097
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
CL00C1 · Menlo Park, CA
Zoning CL00C1 · permitted uses
CL00C1 · Menlo Park, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Menlo Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1994
Heating
NONE
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Rona Maskan LLC
Entity
Free & Clear · 6 yrs held
Mailing address
95 STERN LN, ATHERTON, CA 94027-5422
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2019
$7,200,000
Rona Maskan LLC
Best Seller Ltd
Grant Deed
—
Jul 2, 2019
—
Rona Maskan LLC
—
Deed
related
$2,500,000 · Miscellaneous Ins Co
Jun 12, 2017
—
Best Seller Ltd
—
Deed
related
$2,500,000 · Miscellaneous Ins Co
Mar 23, 2004
—
Best Seller Ltd
Best Seller Ltd
Quit Claim Deed
related
$950,000 · Standard Insurance Co
May 31, 1995
$614,000
Best Seller Ltd
Menlo III Associates
Grant Deed
related
—
Jan 15, 1993
$450,000
Menlo III Associates Gp
Shell Oil Compan
Grant Deed
$800,000 · Comerica Bank
—
—
Menlo III Associates
—
Deed Of Trust
related
$950,000 · Standard Insurance Co
—
—
Rona Maskan LLC
—
Loan Modification
related
$2,500,000 · Miscellaneous Ins Co
—
—
Best Seller Ltd
—
Deed Of Trust
related
$2,500,000 · Miscellaneous Ins Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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